Over 10,000 results
S-1
POLE
Andretti Acquisition Corp. II
28 Jun 24
IPO registration
9:06am
We are offering 20,000,000 units at an offering price of $10.00 per unit. We estimate that the net proceeds of this offering together with the funds we will receive from the sale of the private placement units will be used as set forth in the following table.
Without Over-allotment Option | Over-allotment Option Exercised | |||||||
Gross proceeds | ||||||||
Gross proceeds from units offered to public(1) | $ | 200,000,000 | $ | 230,000,000 | ||||
Gross proceeds from private placement units offered in the private placement | $ | 6,500,000 | $ | 7,100,000 | ||||
Total gross proceeds | $ | 206,500,000 | $ | 237,100,000 | ||||
Offering expenses(2) | ||||||||
Underwriting commissions (2.0% of gross proceeds from units offered to public, excluding any proceeds from units sold pursuant to the over-allotment option and excluding deferred portion)(3) | $ | 4,000,000 | $ | 4,600,000 | ||||
Legal fees and expenses | 300,000 | 300,000 | ||||||
Printing and engraving expenses | 40,000 | 40,000 | ||||||
Trustee fees and expenses | 40,000 | 40,000 | ||||||
Accounting fees and expenses | 50,000 | 50,000 | ||||||
SEC/FINRA expenses | 68,948 | 68,948 | ||||||
Travel and road show expenses | 7,000 | 7,000 | ||||||
Nasdaq listing fees | 85,000 | 85,000 | ||||||
Miscellaneous | 159,052 | 159,052 | ||||||
Total offering expenses (other than underwriting commissions) | $ | 750,000 | $ | 750,000 | ||||
Proceeds after offering expenses | $ | 201,750,000 | $ | 231,750,000 | ||||
Held in trust account(3) | $ | 200,000,000 | $ | 230,000,000 | ||||
% of public offering size | 100 | % | 100 | % | ||||
Not held in trust account | $ | 1,750,000 | $ | 1,750,000 |
S-1
POLE
Andretti Acquisition Corp. II
28 Jun 24
IPO registration
9:06am
Andretti Acquisition Corp. II STATEMENT OF OPERATIONS
For the period from May 21, 2024 (inception) through May 28, 2024 | ||||
General and administrative costs | $ | 13,329 | ||
Net loss | $ | (13,329) | ||
Basic and diluted weighted average Class B ordinary shares outstanding(1) | 5,000,000 | |||
Basic and diluted net loss per Class B ordinary share | $ | (0.00) |
S-1
POLE
Andretti Acquisition Corp. II
28 Jun 24
IPO registration
9:06am
Andretti Acquisition Corp. II STATEMENT OF CASH FLOWS
For the period from May 21, 2024 (inception) through May 28, 2024 | ||||
Cash flows from operating activities: | ||||
Net loss | $ | (13,329) | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||
Formation costs paid by Sponsor through promissory note – related party | 7,909 | |||
Operating costs paid by Sponsor through promissory note – related party | 5,420 | |||
Net cash used in operating activities | — | |||
Net change in cash | — | |||
Cash, beginning of the period | — | |||
Cash, end of the period | $ | — | ||
Noncash investing and financing activities: | ||||
Offering costs included in accrued offering costs | $ | 10,958 | ||
Offering costs paid through promissory note – related party | $ | 37,500 | ||
Offering cost contributed by Sponsor in exchange for issuance of Class B ordinary shares | $ | 5,131 |
S-1
POLE
Andretti Acquisition Corp. II
28 Jun 24
IPO registration
9:06am
The following table sets forth our capitalization at May 28, 2024, and as adjusted to give effect to the filing of our amended and restated memorandum and articles of association, the sale of our units in this offering and the sale of the private placement units and the application of the estimated net proceeds derived from the sale of such securities, assuming no exercise by the underwriters of their over-allotment option:
May 28, 2024 | ||||||||
Actual | As Adjusted | |||||||
Notes payable to related party(1) | $ | 42,920 | $ | — | ||||
Deferred underwriting commissions | — | 8,000,000 | ||||||
Class A ordinary shares, subject to redemption, 0 and 20,000,000 shares which are subject to possible redemption, actual and as adjusted, respectively(2) | — | 200,000,000 | ||||||
Over-allotment liability | — | 407,600 | ||||||
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding, actual and as adjusted | — | — | ||||||
Class A ordinary shares, $0.0001 par value, 500,000,000 shares authorized; 0 and 20,650,000 shares issued and outstanding, actual and as adjusted, respectively | — | 65 | ||||||
Class B ordinary shares, $0.0001 par value, 50,000,000 shares authorized, 5,750,000 and 5,000,000 shares issued and outstanding, actual and as adjusted, respectively(3) | 575 | 500 | ||||||
Additional paid-in capital | 24,425 | — | ||||||
Accumulated deficit | (13,329) | (6,646,494) | ||||||
Total shareholders’ equity | $ | 11,671 | $ | (6,645,929) | ||||
Total capitalization | $ | 54,591 | $ | 201,761,671 |
S-1
POLE
Andretti Acquisition Corp. II
28 Jun 24
IPO registration
9:06am
No offer or invitation, whether directly or indirectly, is being or may be made to the public in the Cayman Islands to subscribe for any of our securities.
Per Unit | Total | |||||
Public offering price(1) | $ | 10.00 | $ | 200,000,000 | ||
Underwriting discounts and commissions | $ | 0.60 | $ | 12,000,000 | ||
Proceeds, before expenses, to us | $ | 9.40 | $ | 188,000,000 |
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28 Jun 24
IPO registration
9:06am
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
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28 Jun 24
IPO registration
9:06am
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28 Jun 24
IPO registration
9:06am